Lifehouse Productions

Charity Navigator Rating: 56%, One-Star out of Four Stars

Lifehouse Productions has received a low rating of 56% from Charity Navigator, earning a One-Star designation. This rating reflects significant concerns in areas such as accountability and financial transparency. For instance, the organization has no independent board members, lacks essential policies such as conflict of interest and whistleblower policies, and has not posted its financial statements on its website, which detracts from its overall trustworthiness.

Despite these issues, Lifehouse Productions demonstrates a strong program expense ratio of 73.86%, indicating that a substantial portion of its spending goes directly to its programs. Additionally, the organization has a favorable liabilities to assets ratio of 12.95%, suggesting it is managing its debts effectively. However, the absence of independent oversight and critical financial disclosure remains a major concern for donors and stakeholders.

Overall, while Lifehouse Productions shows some positive financial metrics, the significant gaps in governance and transparency raise questions about its accountability. Potential donors should carefully consider these factors when assessing the organization’s credibility and impact.

This AI summary has been generated from information found on Charity Navigator.

Lifehouse Productions is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lifehouse Productions submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Heare are some key statistics you may want to consider:

Executive Compensation: $188,914
Professional Fundraising Fees: $0
Other Salaries and Wages: $225,958

For more financial information, click here